Rezzak 11Dec 18, 2021 · 3 years ago9 answers How does China's new gold-backed currency affect the value of digital currencies?
With the introduction of China's new gold-backed currency, how will this impact the value of digital currencies? Will it lead to a decrease in digital currency value as investors shift their focus to the gold-backed currency? Or will it have a positive effect on digital currencies, potentially increasing their value as they become more widely accepted? What are the potential implications for the overall cryptocurrency market?